149 10th Street

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149 10th Street

Avalon, NJ 08202
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 149 10th Street in Avalon.
  • Property is currently listed for sale within the New Jersey market.
  • Strategic location suited for developers or commercial business owners.
  • Positioned in a coastal submarket with consistent seasonal visitor activity.
  • Provides potential for various professional or service-oriented development uses.

What's Special

This commercial land parcel in Avalon, New Jersey, is available for sale, offering a strategic site for developers and business owners looking to establish a footprint in this coastal community. Situated at 149 10th Street, the property benefits from the favorable economic conditions of the Cape May County shore region. The area experiences significant seasonal activity, making it a viable location for various commercial business models seeking to serve both local residents and regional visitors. Given its coastal submarket context, the land provides flexibility for professional ventures or service-oriented enterprises that require proximity to the Avalon corridor. Investors and developers can capitalize on the location's accessibility within the borough. This site presents an opportunity to execute specific commercial development plans in a well-trafficked destination known for its long-standing tourism and stable real estate environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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